Short sellers made bold moves this week. CHWY remains the most heavily shorted large-cap consumer name in the US. Its SI % of Free Float hit 57.9%, up 6.5 percentage points in seven days. Bears are clearly not buying the pet retail recovery story.
The week's biggest mover was GRND. Grindr's short interest exploded from just 1.4% to 12.4% of free float — a jump of over 11 points in one week. That is an unusually sharp build. It signals fresh conviction from short sellers in the social app name.
TEM also drew fresh bearish attention. Tempus AI's SI climbed to 30.8% of free float, up 7.4 points on the week. Availability sits at just 38.7%, making it harder and costlier to add new short positions.
DAVE saw its SI surge to 30.4% from 16.7% — a 13.7-point spike. The fintech lender is now one of the fastest-growing short positions in the mid-cap space.
On the squeeze side, SHAK shorts covered heavily. Shake Shack's SI fell 5 points to 12.8%. also saw covering, dropping 4.6 points to 12.2%.
Meanwhile, GME and AMC both saw modest short covering. GME now sits at 13.2% SI, down slightly on the week — meme stock bears are retreating gradually.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
